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Pike Company manufactures two styles of watches:casual and elite. The overhead budget is $ 1 3 0 , 0 0 0 for the year. The

Pike Company manufactures two styles of watches:casual and elite. The overhead budget is $

130, 000

for the year. The company uses a single plantwide overheard in allocating overhead. The company reports the following for its two products.

\

table

[[

Cost per Unit,Casual,Elite

], [

Direct materials,$

52,

94

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